The Germans, Italians, French… Most Of Western Europe On The Brink Of Bank Collapse!
by Reggie Middleton
If those who persue the BoomBust regularly recall, on Tuesday, 12 July 2011 I penned BoomBustBlog Traders Armed With BoomBustBlog Research Caught ~10% Deutsche Bank Fall.
Deutsche Bank looks downright UGLY! Our new Forensic Analysis/Technical Trade combo called this one out about 2 weeks ago with impressive precission. Kudos to all who contributed.
DB is now trading 20 points lower. Those that haven’t read said piece should check it out for the resident BoomBustBlog traders and fundamental analysts caught this one right on the money and a full three months before the sell side and the pop media. On that note, Bloomberg reports Deutsche Bank Risk Seen Rising as Puts Appreciate Most in Europe: Options 9 Sep 2011
” There could be ongoing pressure on German markets because people want to be short and there could be some pricing… The price of options to protect against losses in Deutsche Bank …
It would appear that much of the pop media should follow the BoomBust a tad bit more closely. I will probably release the prime French bank run candidate some time soon, potentially on in the Max Keiser Show, as I drop little bread crumb hints along the way since the banks share price is already approaching our valuation bands. Anyone in the pop media space who wants a scooping story, here is the motherload. On a separate, but related note, let’s look at what those DB puts looked like when the BoomBust first warned on said German bank… Click to enlarge…